PAI Mid-Market Fund SCSp. managed by PAI Partners agreed to acquire 67% stake in Vamed rehabilitation business from Fresenius SE & Co. KGaA (XTRA:FRE) on May 2, 2024.

PAI Mid-Market Fund will hold a 67% stake and Fresenius will hold a 33% stake upon completion. Closing is expected in the second half of 2024, subject to regulatory approval and other customary closing conditions. Approval of the transaction by a Vamed General Meeting where Fresenius holds a requisite 77% majority is expected shortly.

UBS Private Banking Deutschland AG act as financial advisor, Lucas Schweitzer, Christoph Engeler, Tobias Klass, Susan Kempe Mueller, Max Hauser, Tobias Leder, Sven Nickel from Latham & Watkins Schön Nolte act as legal advisor for Fresenius SE & Co. KGaA (XTRA:FRE). Partner Axel Wahl, Michael Ilter, Patrick Meiisel, Bettina Bokeloh, Anne Kleffmann, Richard Roeder, Jan Wilms, Faustine Viala and David Kupka, counsel Florian Dendl, Christian Sperling, Henning Aufderhaar, Wulf Kring, Martin Waskowski and Maximilian Mayer of Willkie Farr & Gallagher LLP acted as legal advisor and Philippe Seiler, Jonas Bornhauser, Mani Reinert and Corrado Rampini of Bär & Karrer Ltd. acted as legal advisor to PAI Partners.

Philipp Schrader, Ulrike Sehrschön, Steve Jeitler, Florian Sagmeister, Titus Kahr, Niklas Nigl, Helena Neuner and Felix Frommelt of E&H Rechtsanwälte GmbH, Maria Heil and Guram Gobechia of NOVACOS Rechtsanwälte, Martin Peckl and Silvie Kiraly of Havel, Holasek & Partners and Kai-Uwe Plath and Moritz Schmitz of KNPZ Rechtsanwälte - Klawitter Neben Plath Zintler acted as legal advisor to PAI Partners. Sascha Hödl and Zurab Simonishvili, Joseph Moser, Gabriel Ebner, Constantin Benes, Vladimír Cí?ek, Christoph Haid, Miriam Simsa, Marco Thorbauer, Teresa Waidmann, Michal Jendzelovsky, Helena Hangler, Johannes Stalzer, Petr Korál , Jiri Marek, Sebastian Müller, Stefanie Orator-Saghy, Alexander Pabst, Felix Schneider from Schönherr Rechtsanwälte Gmbh and Schoenherr Prague acted as legal advisors to Fresenius SE & Co. KGaA (XTRA:FRE).Patrik Peyer, Janine Reudt-Demont from Niederer, Kraft & Frey acted as legal advisors to Fresenius SE & Co.

KGaA (XTRA:FRE).